Insider Selling: Enova International (NYSE:ENVA) Chairman Sells $2,171,094.48 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 9,078 shares of Enova International stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48. Following the sale, the chairman owned 306,444 shares of the company’s stock, valued at $73,289,147.04. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

David Fisher also recently made the following trade(s):

• On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The shares were sold at an average price of $244.01, for a total transaction of $2,315,898.91.
• On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The shares were sold at an average price of $199.05, for a total value of $6,580,593.00.

Enova International Price Performance

NYSE ENVA opened at $232.75 on Friday. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 17.25 and a beta of 1.22. The company has a debt-to-equity ratio of 3.35, a current ratio of 18.42 and a quick ratio of 18.42. The stock’s fifty day moving average price is $241.04 and its 200 day moving average price is $185.66. Enova International, Inc. has a 1 year low of $103.02 and a 1 year high of $267.45.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, topping analysts’ consensus estimates of $3.99 by $0.32. The company had revenue of $928.93 million during the quarter, compared to analysts’ expectations of $909.61 million. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.23 EPS. As a group, equities research analysts forecast that Enova International, Inc. will post 16.3 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ENVA shares. Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. Citizens Jmp increased their price target on shares of Enova International from $195.00 to $270.00 and gave the stock a “market outperform” rating in a report on Friday, June 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a research report on Friday, July 17th. Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group lifted their price objective on shares of Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $247.83.

Institutional Trading of Enova International

A number of hedge funds have recently added to or reduced their stakes in the company. Legato Capital Management LLC acquired a new stake in Enova International during the fourth quarter valued at $1,851,000. California State Teachers Retirement System raised its holdings in Enova International by 26.7% in the 1st quarter. California State Teachers Retirement System now owns 29,411 shares of the credit services provider’s stock valued at $3,995,000 after acquiring an additional 6,205 shares during the last quarter. J.Safra Asset Management Corp acquired a new stake in Enova International in the 2nd quarter valued at about $1,464,000. Tieton Capital Management LLC purchased a new position in Enova International in the 2nd quarter worth approximately $26,577,000. Finally, Geode Capital Management LLC lifted its stake in Enova International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares in the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.

Enova International Company Profile

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.